Nope, I never let anything automatically withdraw money. Mistakes are made. And sure, you'll get your money back from the accidental 10k that was pulled from your account....in 5 to 10 business days, until then you are broke and shit is bouncing.

Debit cards usually don’t offer cashback, perks, or robust fraud protections, and do nothing for your credit score. That last one is the important bit. I used to use my debit card exclusively, and could never get approved for any kind of loan. Once I started using credit cards the way I described in my other comment, my credit score jumped waaaaaay up and I started getting approved for everything.

Many don't have a choice, especially in the US. Without playing the credit game you end up paying significantly more in loan interest for things like a house or car or can't even get a loan. One of the easiest ways to keep a good credit score is to have a credit card you've had forever and that you consistently use and pay off.

It's a goodbye screwed up system

I would love to just use my debit card instead but I don’t get the same level of protection nor cash back on spending from my debit card.

The bank knows people will make mistakes that they didn't before. They stand to make more money off those people. It is not a neutral policy that they've arrived to in a mutually beneficial manner.

Their favorite customer is one who slips up sometimes. Bank still gets the debt paid as expected, but now with more fees.

They also want people to say "thems the rules, deal with it". That lets it appear to be a neutral policy while making more money than before.

Debit cards offer less security, are less convenient at most places, and might cause an overdraft in the event of a bank error.

Bank error and debit charge putting you in overdraft? You now have two problems to solve.

Bank error and credit charge with a future pay off date? You have one problem and more time to solve it.

Ohhhhh. I didn't know this. I'll give it a shot, thanks!

Getting a new credit card can heavily impact your credit score and impact financial decisions for years. It isn't something that should be done if you can help it.

Unfortunately my forgetful and ADHD and idiot nature won't let me. I have to stick to my end of month routine or else it won't get paid

All cards calculate interest per day. That's the standard formula. They only charge you the sum interest at the end of the month when your billing cycle ends.

https://www.nerdwallet.com/article/credit-cards/how-is-credit-card-interest-calculated

This becomes apparent if you've ever paid a card off really early, and then still been charged interest even though you've had a zero balance one or two weeks before the billing cycle ended.

That is a really good rate. Online only version of Citizens bank right? The regular citizens rates are low like everyone elses, I wonder why they are offering such a high rate? You would think online banking wouldnt be that much of a benefit to them anymore but I guess it is. Pretty rare these days!

They vary wildly. The typical savings account now as about 1% or less. There are some online versions when offer 3.5. There are a few with stipulations: $200,000 in the account or deposits of $5,000 a month. Those are approaching CD type rates with rules.

But they are not particularity common.

Not going to teach people how to launder money, but one of the avenues that can be used to get a respectable transaction is to overpay from a dirty bank account to a credit card, and then the financial institution will credit into the users clean bank account which will raise less flags then a direct transfer. This is just one step in a process, and not even sure it works anymore. But many banks would rather just not deal with it.